All articles by Saad Ahmed
Saad Ahmed
BFS agrees £2.4m ABL package with construction manufacturer
Bibby Financial Services (BFS) has agreed a £2.4m (2.8m) asset-based lending package with Fixing Centre, a Surrey-based construction manufacturer.
Hevey rejoins Alfa
Asset finance software provider Alfa has reappointed Ciarán Hevey as a director.
AF-PA charity fund passes £100k thanks to December charity drive
The Asset Finance Professionals Association (AF-PA) collected £12,000 (14,085) for charity at its Christmas business networking drinks in December 2016, exceeding £100,000 in funds raised since its formation five years earlier.
KPMG: 60% of banks fear non-financial risks will increase capital requirements
Around 60% of European banks are concerned that non-financial risks such as cybercrime may lead to an increase in their capital requirements in the next 1-3 years, according to research by KPMG.
Hitachi Capital eyes Germany as it steps up European vehicle solutions business
Hitachi Capital is looking to enter Germany as part of a strategy to expand its vehicle solutions business within Europe, according to Simon Oliphant, head of vehicle solutions strategy division (Japan).
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Aldermore provides £4.5m ABL facility to pen manufacturer
Aldermore Bank has provided an asset-based lending facility of £4.5m (5.3m) to luxury pens and personal accessories manufacturer A.T. Cross.
LDF: conscious acquisitions drove record £50m business in January
LDF achieved a record £50m (58.7m) of business in January, which managing director Peter Alderson attributed to LDFs acquisitions.
Hampshire Trust Bank moves to larger London HQ
Hampshire Trust Bank has moved its headquarters to 55 Bishopsgate in the City of London, as they seek to provide room for further expansion.
SFS provides invoice finance to hygiene chemical producer
Siemens Financial Services (SFS) has provided an invoice finance facility to Proton Group, a Yorkshire-based producer and distributor of hygiene chemicals.
SocGen to list stake in ALD Automotive
Societe Generale is to float its vehicle leasing arm ALD Automotive in the middle of 2017 via the disposal of a limited stake, according to its end of year results.